Saturday, July 20, 2013

You know I have thought and been asked as well in the past, "How can we provide incentive for State/Federal workers including politicians to reduce debt and spend money wisely." It struck me this morning and I haven't run the numbers, but I wonder if a formula could be designed that the percentage of raise for workers would be tied directly to the percentage of debt reduction minus the percentage of any tax increases?" Of course in order to keep the system from being gamed, after the first increase would probably need to tie a decrease to the opposite as to not encourage flipping back and forth every other year.

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